According to the New Policy of MSME a rebate of whichever is less will be provided to high pressure ...........

Madhya Pradesh Polity and Governance

According to the New Policy of MSME, a rebate of _____________, whichever is less, will be provided to high-pressure consumers on getting a new connection in the prevailing electricity tariff under electricity consumption assistance?

Re 1 per unit or 20 percent

Re 1 per unit or 30 percent

Rs 5 per unit or 20 percent

Rs 2 per unit or 25 percent

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Explanation:

Recently, the Department of Micro, Small, Medium Enterprises, Government of Madhya Pradesh has formulated a new MSME Development Policy to make Madhya Pradesh self-reliant and revive industries.

According to the policy, a rebate of Re 1 per unit or 20 percent, whichever is less, will be provided to high-pressure consumers on getting a new connection in the prevailing electricity tariff under electricity consumption assistance. This exemption will be admissible for food processing units for a period of up to 05 years from the date of production, commercial operation.